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$PI The market is a bit cold right now. Gate spot has just taken in 0.07527 USDT, 24h -5.41%. Don’t get faked by a small dead-cat bounce and lose your head.
15m is chopping around 0.075. The 1h rebounded from 0.07276, but the volume isn’t strong. On the 4h, the upper wick ends at 0.07461, and the pullback flavor looks weak. Next, watch 0.0746/0.0725. If it can’t break above 0.0761 and 0.0778, then it’s still likely to stay pressured.
For fundamentals that can be verified, it’s still the Pi official piece from July 15: July 22 plans to upgrade Protocol v25, talking about stability, BN254/Poseidon; for now, there’s no verifiable new catalyst. If it were me, I’d only observe with a light position here. Do you think $PI is a second dip, or are we just waiting to squeeze out another bounce? #PI #PiNetwork #Gate (pure personal opinion, DYOR, don’t blame me if you lose 😂)